PSRS/PEERS is the largest defined benefit pension plan in Missouri with more than 311,000 members. We work in partnership with Missouri public school districts to provide retirement security for Missouri’s public school teachers and education employees through lifetime monthly service retirement benefits, as well as disability and death benefits. Be a part of the investment operations team behind an award winning, world-class institutional investment program with invested assets of approximately $56 billion as of December 31, 2023. Details below.
Job Description
Join the Summer 2027 Investment Intern team at Missouri’s largest defined benefit pension plan, where you’ll play a meaningful role in supporting a high-performing institutional investment program that serves educators across the state. This internship offers the opportunity to contribute to work that strengthens the long-term financial security of Missouri’s public education employees while gaining exposure to multiple asset classes and the daily operations of a world-class investment department.
We are seeking motivated, detail-oriented students who are ready to learn, take initiative, and collaborate with our Chief Financial Officer and Investment Staff on a wide range of analytical projects, operational tasks, and investment research.
Salary: $25.00/hour
Job Type: Internship
Location: Jefferson City, Missouri
About the Job
As an Investment Intern, you will be immersed in a sophisticated, world-class institutional investment program responsible for approximately $65 billion in assets as of December 31, 2025. The investment program is designed to achieve an annual return of at least 7.3% over long periods of time through a thoughtfully diversified portfolio that spans public and private markets in both domestic and international regions.
In this role, you will work closely with the Chief Financial Officer, the Investment Operations Manager, and Senior Portfolio Managers, gaining hands‑on experience across public equity, private credit, real estate, and hedged strategies. This position reports directly to the Investment Operations Manager and indirectly to one or more Senior Portfolio Managers, providing a structured and collaborative environment for learning and professional growth.
Your work will support a range of analytical and operational activities, including investment research, data analysis, reporting, and special projects essential to the daily functioning of the investment program. This paid internship offers flexible scheduling, a professional learning environment, and meaningful opportunities to contribute to a high-performing investment team while building a strong foundation for a future career in finance or investments.
Job Requirements
Our ideal candidate is a student entering or enrolled in college and pursuing a bachelor’s degree or master’s degree in business administration, finance, accounting, economics or a related field. A student with a strong desire to earn the Charter Financial Analyst (CFA)/Institutional Allocator (IA) is preferred. The Investment Intern should bring inellectual curiosity, professionalism, and a collaborative mindset, working effectively both independently and as part of a team while building positive relationships across the department.
Candidates must demonstrate strong verbal and written communication skills, a solid understanding of finance and investment concepts, familiarity with financial analysis methods, and the ability to support key administrative processes. Success in this role requires the ability to prepare clear reports and presentations, maintain organized physical and electronic files, and use standard business software proficiently, including Microsoft Outlook, Word, Excel, and PowerPoint. Familiarity with databases is also beneficial and supports the technical aspects of the position.
Message from Allocator Jobs: To help prepare you for this role, take a look at the Institutional Allocator (IA) program from our partnership organization, the Allocator Training Institute. The IA program curriculum gives you a solid foundation of investing from the allocator’s perspective. You’ll learn how to evaluate investment managers, create an ‘endowment-model’ multi-asset class portfolio, and the quantitative tools necessary to succeed in the role. The three-part program can be completed in less than one year and exams are available every quarter-end month. This is the program that will help you start and then accelerate your allocator career. Reach out if you have any questions.
